AHAM Capital is confident of achieving its AUA target of RM100bil in the next three years as it strengthens its wealth management capabilities including alternatives and private market offerings, says MD Teng Chee Wai.
PETALING JAYA: Affin Hwang Asset Management Bhd (Affin Hwang AM) has successfully rebranded to Asset Management Bhd (AHAM Capital) and is targeting assets under administration (AUA) of RM100bil in the next three years.
According to AHAM Capital managing director Datuk Teng Chee Wai, as at Oct 31, the company grew its AUA exponentially to about RM75bil, from just RM20bil when it started operations in 2001.
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